Responding to a Request for Proposals (RFP) can be a stressful and intimidating process for business owners who are unfamiliar with bidding legalities. Despite the complex system that must be executed flawlessly to win a contract, companies who manage to win, in effect, are able to organically grow their businesses from there. So, it’s time…
Subject Matter Experts (SMEs) are commonly defined as individuals who exhibit the absolute highest level of expertise within an organization for a specific role or task. SMEs can include engineers, project managers, researchers or even human resources personnel. Within the world of RFP project management, these are the people crucial to your goal of completing…
Generating consistent RFP responses that get noticed isn’t an easy task. Even savvy veterans understand that the proposal management process can be stressful. Business owners still take this challenge head-on because they know the results of their hard work can be exceptionally beneficial to their organization. In order to help your business better prepare for…
Government contracts can be lucrative opportunities for your organization. Their appeal can be tempting, but the process involved to bid and win government contracts can prove to be intimidating for most. At The Bid Lab, we can help guide you through this process without any of the stress or anxiety that is usually involved. Perhaps…
Responding to a Request for Proposal (RFP) is an excellent way to generate new business for your organization. However, it can be seen as a huge inconvenience without the right process in place. Putting together a winning RFP response requires a significant investment of time and resources. In addition, unexpectedly short turnaround times can cause…
Your RFP strategy is perfect, right? Well… almost. You could be missing out on some great opportunities by not including an effective Request for Proposal (RFP) strategy alongside your other tried-and-true methods. RFPs continue to grow in popularity and are commonly produced by a wide variety of corporations, not just government entities. If your business…
With all the recent buzz around RFP automation, it’s easy to forget that automation is already an integral part of our everyday lives. Automation powers everything from smart home devices to word-processing software that checks your grammar. In the proposal industry specifically, its purpose is to simplify your RFP process, allowing you to respond to…
What’s the one acronym that strikes fear into the hearts of your employees? You guessed it, it’s “RFP.” But it doesn’t have to be that way! Companies have long labeled the RFP process as a source of stress and anxiety. What often causes this negativity isn’t the RFP proposal management process itself but rather an…
In the proposal industry, automation represents a future characterized by better quality and less painful RFP responses. And we’re nearer than ever before to achieving this goal. As companies are aiming to submit more bids in a shorter period of time, they’re looking to RFP technology as a means of analyzing data, shortening man-hours, and…
Chances are you’ve had moments when writing a proposal where you felt like giving up. It’s hard to ‘just keep swimming’ when you aren’t sure if your hard work will pay off in the end. Wouldn’t it be so much easier if there was a simple formula for creating a winning bid? The problem with…
